Based on the data in Table 11.10 determine:

a) How many weeks of finished goods were on hand at the end of last year.b) How many weeks of finished goods were on hand at the end of this year.    

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TABLE 11.10 Sales Cost of goods sold Gross margin Other expenses Net income Finished goods inventory Work-in-process inventory Raw material inventory Total inventory For Problems 11.9, 11.10, and 11.11 (average for year) Other current assets Other assets Total assets LAST YEAR $ 215,000 121,000 94,000 49,000 45,000 2,000 10,000 5,000 17,000 91,000 213,000 321,000 THIS YEAR $ 228,000 131,000 97,000 49,000 48,000 5,000 12,000 6,000 23,000 110,000 242,000 375,000